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DINARESGURUS.BLOGSPOT.COM_________________ _______

Saturday, March 31, 2018

KTFA UPDATED, 31 MARCH

BelfastGurl:  Thank you Delta for sharing the LD article. It's such a God thing you found it before they took it down. (IMO) We are on such an exciting journey and it is getting better every day! 

Freemanna:  Maybe the CBI puts the article up so the mosques can all pull from one source as they educate and then its removed?
How many times have we heard, “If it’s in print, then .....”(It’s Already Happened)
Doing the Happy Hallelujah Dance!
Thank you Delta, Walkingstick & Frank!

Dreamer13:  The article that Delta posted ,that the cbi put up and then took down, could be educating Citizens,or could it be that they are showing those who are watching they are using Dr. Shab's plan and to show the LL what is coming at lightening speed?

Don961:  An oldie but goody from Abadi's Adviser , The Appearance Mr. Saleh .... in his days as Deputy Governor of the CBI ... 5 years ago .... under Dr. Shabibi ... shortly before Abadi took office ... think his/these ideas/plans have changed ? ... or were they delayed due to extenuating circumstances ? ... perhaps they've even evolved and improved ... imo 

Frank26:  EXACTLY !!! 

Dr..Appearance of Mohammed Saleh *: an economic point of view .. the project deleted the three zeros and cost transactions cash
 
BY  DR.. APPEARANCE OF MOHAMMED SALEH  bb- POSTED ON 19/01/2013
 
In light of the volatile economic and financial conditions and the pressures of monetary inflation that have taken place in our country before and have led to negative effects on the regularity of the commercial market, labor markets, production and the standard of living of citizens,

Which included the presence of a mass of cash, many zeros, a small value, and in a manner not commensurate with future developments in the present and future of the Iraqi economy, which requires a solution to these circumstances and their consequences, including solutions to reform the system of cash management through the structure and delete zeros from them to control the Stream and manage the cost of the cash cluster optimally . 

The circulation of the monetary bloc exported more than 37 trillion Iraqi dinars in various categories, reflected by the number of securities traded amounting to 4 billion banknotes is the product of a long period of inflation and economic deterioration, for example increased the consumer price index on the basis of 1993 from 100 to 200 thousand in the year 2003, which means that the commodity, which was sold by 100 dinars has been sold for 200 thousand dinars ... And so on. Under this circumstance and the deterioration of the value of the currency, the category of currency increased from 25 dinars to 25 thousand dinars, which means that inflation is added to these zeros . 

* Current currency categories do not match the current and future economic situation . For example, just before the outbreak of the Iraq-Iran war, the JD25 category was equivalent to $ 75, with purchasing power, for that time or the equivalent of 300,000 dinars . Inflation in the country over the past three decades has added zeros to the currency, yet these zeros have not lifted the purchasing power of the largest category of the currency, the 25,000 dinars, which is now $ 21 . Today we need to restructure the currency. 

Valafar large means a large monetary bloc in circulation today, about 30 trillion dinars, which requires direct cash circulation and a large cost in counting and sorting and the time and spatial and security characteristics. In the price system , the price is the value expressed in cash. Thus, the structure of costs, wage payments, salaries and transactions, all of which are not commensurate with the country's need for a monetary management system, is in line with the structure and price levels of the real sector . The country needs an easy-to-handle cash system and small and large categories that reflect the cost of that real structure. (See details in the next page margin ). 

It should be noted that during the period 1990-2007 the consumer price index increased to 400000 % . In order to simplify, the commodity, which was sold for one hundred dinars before the start of the war in Kuwait in 1990 became sold at 400 thousand dinars in 2007. The value of the Iraqi dinar declined twice and strongly During the period 1990-1998 at a rate of more than 99% against the US dollar . The first decline was in 1990, the other decline was in 1997, and by 93.2 %, which made the total decline in the Iraqi dinar exchange rate against the dollar (minus 99.99%) that at the end of 1998, and during this period alone reached inflation in theindex For consumer prices 45000%. 

As we know that inflation itself means high money prices on goods and services (how much money we need to exchange a certain package of goods and services .. The more money to exchange the package itself means that there is inflation or increase in money prices). Noting that the value of money is inversely proportional to the price of money, and that the price is the value of goods and services expressed in cash *. 

(*) Social studies indicate that the monthly income of the Iraqi doctor was not equal to purchasing power in the nineties of the last century only to buy 30 eggs chicken and 20 pieces of bread that month, and the years of economic blockade. Also, many workers in various institutions have stopped working because the monthly return does not cover the cost of transportation to the workplace. 

Do not forget how distorted markets were created in the country, trading used materials from furniture, durable goods, clothes to buy flour or sugar, and filling the minimum household needs for food. The agricultural sector itself as afood sector has deteriorated since the 1970s because of the deterioration of the rural population and the absorption of oil revenues in the public sector and the militarization of the country. 

For instance, the annual growth rate in the agricultural sector was negative (1.1%).While the growth rate in that sector between 1962-1972 was 7.1% annually. With the supply ofall commodity sectors witnessed a deterioration in growth during the nineties, especially agriculture and industry .

Today, the average annual per capita income of the Iraqi population has risen to more than $ 5,300, up from $ 750 before 2003. The average income of the government employee is almost double the average per capita income of GDP, estimated at $ 10,000 Annually .

Money is anything that society agrees to become an intermediary of exchange, a storehouse of value and a unit of account. The money (legal) issued by the monetary authority under the law and with the power of discharge of receivables is seen as a social institution , That social institution ie money and vice versa. 

Continuous inflation has led to a rise in the currency exchange rate from 23 billion dinars in 1991 to about 30 trillion dinars at the present time, and the largest currency category from 25 dinars to 25,000 dinars over time. Thus, inflation setnew figures for the currency in addition to three zeros, which increased the amount ofnominal cash operations and the cost of production of large quantities of them, accompanied by storage and distribution operations and the promise and screening and accompanying and, at double levels, helped to increase the operational risks associated with Operational Risk

In light of the price stability and optimism of the future of Iraq development, it is necessary to radical reform of the currency management system, restructuring structure commensurate with the new structure of different prices and stable wages and salaries, which differed significantly from the past thirty years, as well as dealing with a large critical mass weak in its components So that the largest currency category is worth only 21 US dollars at present.Noting that the rise of Iraq's gross domestic product from 140 billion dollars at the end of 2011 to more than 230 billion dollars by the end of 2015, will raise the cash export from 37 trillion dinars to about 70 trillion dinars. And the weak structure in the structure of the currency as mentioned above has been added to add a cost called the cost of cash transactions in terms of circulation, whether between individuals themselves, individuals and banks and within the banking system itself .

** The demand for the US dollar (especially the $ 100) is an urgent need to settle cash transactions in the local market outside the will of the monetary policy because the market is looking at transactions to the largest groups are not available now, but is reflected in the large US currency category for easy to carry and circulation to reduce the cost Cash trading or cash transactions. Therefore, the Iraqi monetary system is in urgent need of administrative reform of the system of cash payments to be there categories of cash, high purchasing power in circulation, easy to carry and possession, which facilitates the exchange of cash for the purposes of transactions or trading. He pointed out that the imbalance in the structure or composition of the current monetary units has deepened the problems of the (state), which arranged undesirable effects on the effectiveness and performance of monetary policy .

In Sweden, for example, which currently has one of the best cash payment systems in the world, however, the cost of cash circulation from counting, sorting, transporting and storing currency, costs the national economy at 4% of the GDP of Sweden. How can we compare this in a country such as Iraq that manages such huge amounts of money that are weak in structure, adding to the cost of monetary transactions that may reach 8% or more of GDP, a burden borne by the individual in its dealings, which reduces the efficiency of criticism as a social institution supporting the institutions of the economy Including the market. Proof of this is limited to large cash transactions to pay in US dollars , which means replacing the currency of another country in circulation to assign cash transactions due to the decline in efficiency and installation of the current cash mass .

The multiplicity of zeros on currency categories with low purchasing power have many difficulties, including the difficulty of expressing monetary value, as well as the difficulties of cash operations themselves and technical problems in the registration of statistical data and registration in accounting books and change computer systems and settlement systems, as well as showing prices with long figures sometimes difficult Even the meters or digital devices to read the yellowing at the gas stations or other digital devices . ​

On this basis, there has been a need to reform the monetary payments.
Moke:  thanks samson for your tireless work. this one imo can NOT  happen without a REAL RATE

Samson:  Including "Almasl" and shaving .. 14 tax awaits Iraqis with the entry into force of the budget

14:10 - 31/03/2018
 
The Parliamentary Finance Committee revealed on Saturday the entry of 14 new taxes into force immediately after the publication of the budget law in the official newspaper, noting that the government has been subject to the conditions of the International Monetary Fund to impose such taxes within the budget.

 "With the entry into force of the budget law, 14 new taxes will come into force," Commission Rapporteur Ahmad Hama told Al-Mawloom. "The government has met the conditions set by the International Monetary Fund to impose taxes."

 He added that "the budget includes the imposition of 10% on goods sold in malls and shopping centers and services provided in men's and women's barbershops and all hotels, as well as 20% of the tax on the sale of phones and cards, Internet and 15% for the import of cars.

"The government also imposed 12 percent as a tax on real estate and a similar percentage as income tax, in addition to imposing fees on airports, tickets for 25 thousand dinars on foreign trips and 10,000 dinars on internal tickets," he said, adding that "200% was imposed on cigarettes and honey Alcoholic beverages and 10 cents per liter of sweetened beverages. "   LINK

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Dylan867:  Saturday:  is a blue moon, the second in 3 months.  

Normally blue moons (two full moons in the same month) happen once every 2.66 years on average.   Hence the term "once in a blue moon".    Here is more info from space.com.  

https://amp.space.com/40133-blue-moon-2018-paschal-moon-for-easter.html

NEW IQD DINAR RATE ITS SHOWING LIVE TODAY, 31 MARCH


DINAR GURUS UPDATE, 31 MARCH

31-2018   Newshound Guru Whitelions    for what it's worth Iraq is bring in all kinds of new business, opening banks, training tellers, giving low interest loans no almost no collateral...awarding contracts and still trying to hold an election... this is not a country that will do all this just to stay a sh*t rate.

3-31-2018   Newshound Guru Walkingstick
   Adding to that, details... specifics of the process.. is and has been in motion... revealed, to the Iraqis themselves ...then,  we will ever know/read of...   That info will be released within the article/s when released.. Stated, many times... the process, its means ..can be launched in a number of different manners... The notes, their denomination... in question, would be launched for a number of pertinent reason/s...  not arbitrarily, or haphazardly.. it, will be... for reason/s.  (post 2 of 2)

3-31-2018   Newshound Guru Walkingstick   [...will the article(s) announce the entire process or will there be several that piece together the whole situation like: ATMs, International MasterCard, Lower Denoms etc. One could say the launch already started with the MasterCard release?]   In brief, yes... in a succinct manner, with enough understanding/ information to eliminate any confusion... Coupled, with the launch ... there, will be.. many more to follow .. as the process dictates, more information will be released...  [post 1 of 2....stay tuned]

3-31-2018  Newshound Guru  Kaperoni‏   We've talked about this for years and used factual information to support what the plan really is including actual words from the CBI.  The deletion of zeros is not a single event it's a process in which they gradually raise the value which could take several years once they started.  In fact one of the latest instructions from the CBI stated that they will continue to accept the old currency for up to 10 years.  The CBI also stated but the Iraqi dinar will join the world currency markets which is Forex.  The IMF also instructed the CBI to move to a more liberal exchange regime (float) to allow the dinar to appreciate based on the Balassa-Samuelson effect.  These are actual facts...and studying and learning how monetary policies work is critical to understanding what the dinar will do. The physical note account cannot be reduced until they begin to float the currency in which then they can collect notes as they are deposited and destroy them.  This is part of the reason why the process could take 10 years because it's going to be gradual over time.  Not to mention the CBI has stated over and over again as recent as a week ago that there's 60 trillion Iraqi dinar outside the banking system in homes (in mattresses under beds etc.)

TNT DINAR CC, 31 MARCH


OPERATION DISCLOSURE, 31 MARCH

China's launch of the Petroyuan was the trigger to introduce the gold-standard globally.

Zimbabwe is next in line to introduce a gold-standard with the help of China.

The U.S. is next after Zimbabwe.

The U.S. will introduce the gold-standard during the major stock market correction as an emergency solution.

Once all 3 countries have the gold-standard, the rest of the world will follow with the introduction of a global gold-standard monetary system (the new financial system).


Restored Republic via a GCR Update as of March 31 2018

Compiled 1:11 am EDT 31 March 2018 by Judy Byington,

A. March 30 2018 TNT Call Notes by Adept1 3-30-18

1. The Iraqi Budget with the new Dinar rate should be published on Sun. April 1.

2. An Iraq press conference announced that the 2018 budget with the new Dinar rate in it would be in the Sun. April 1 Gazette, making the rate official, valid and ratified.

3. For Iraqis the new Dinar rate will become effective on April 1, retroactive to Jan. 1.

4. What they are saying to us is that it’s a go on Sun. April 1.

5I think we could go to the bank on Sun. April 1. If it happens tonight then they will want everyone to go to the bank as quickly as possible. I know it’s Easter, but they were prepared to stay open every other holiday from 7am and 11pm.

6. A friend in England said that the Dinar rate changed on his card yesterday morning March 29. It could take 3-4 days for this rate to get to the street level. Our guy in Iraq knows the new rate but was not telling me.

7. Iraq’s Rashid Bank was on Iraqi TV broadcasting the new MasterCards that citizens have could be used “worldwide,” while indicating how the features of the new cards enabled them to pay bills and used for other electronic applications and processes.

8. At your exchange you could now only take home $7,000 cash.

9. The Dong was coming out at $.47.

10. All seven currencies will go at the same time.

11. All of the currencies rates could go up once they hit the Forex.

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B. March 30 2018 3:32 pm EST Intel Alert: Operation Disclosure GCR/RV Intel Alert for March 30, 2018 https://operationdisclosure.blogspot.com/

1. China's launch of the Petroyuan was the trigger to introduce the gold-standard globally.

2. Zimbabwe was next in line to introduce a gold-standard with the help of China.

3. The U.S. was next after Zimbabwe.

4. The U.S. would introduce the gold-standard during the major Stock Market correction as an emergency solution.

5. Once all 3 countries have the gold-standard, the rest of the world would follow with introduction of a global gold-standard monetary system (the new financial system). All currencies would be reset as stated in previous reports.

6. The RV would begin before the major stock market correction.

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C. March 30 2018 3:00 pm EST Update: "Spring Rain" - GCR/RV Intel Update - Friday - 3.30.18 The Zim train leaves forever at the end of this week.

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D. March 30 2018 2:47 pm EST Update: "Matter" - GCR/RV Intel Update - Friday - 3.30.18

1.Within the Omnibus Budget for 2018-2019 passed by Congress was a clause that US currency was again linked to a gold standard.

https://www.congress.gov/bill/115th-congress/house-bill/5404/all-info?r=4

2. On Mon. April 2, 2018 Zimbabwe’s President Emmerson Mnangagwa would visit Emperor Xi Jinping in Beijing. Many believe the new global gold standard would be announced at that time, as Zimbabwe’s in-ground gold reserves now underpin the new eastern based financial system.

3. Your own Zimbabwe sovereign bonds lay legal claim to the only African nation China trusts to deliver its own gold bullion, as well as for the entire world currencies.

E. March 30 2018 2:36 pm EST Update: "Meeting" - GCR/RV Intel Update - Friday - 3.30.18

1.On Mon. April 2, 2018 history will be made. Zimbabwe’s President Emmerson Mnangagwa will make his first official state visit outside of Africa and travel to Beijing to meet his Chinese counterpart President Xi Jinping.

2. The result will be a gold and diamonds backed financial system available for the entire world to utilize and prosper.

3. This would include the US Republic, European Union and Great Britain—the worst of the worst culprits of chaos from the old 1944 Bretton Woods financial system backed in 1974 by Saudi Arabian foreign oil sales.

4. Trump was artificially put into power by China, Russia and Africa to assist this reality. What we were now witnessing was (the Cabal) doing absolutely everything imaginable to force his early exit before the RV.

5. This has now proven to be futile because we understand the global RV actually started last week.

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F. March 30 2018 2:23 pm EST Update: "How & Why" - GCR/RV Intel Update - Friday - 3.30.18

1.Assuming the redemption price of Zim Bonds was 1:1 with the current value of USD, that would be 100 Trillion USD for a 100 Trillion Zim bond note (It’s really over 4:1 FYI).

2. Seems like an awful lot, especially with all those internet Zim bond notes circulating worldwide.But understand that your old Zim bond notes will be converted into new ZIM bond notes, which are yielding 7-10% depending on your structured payout terms.

3. That simple macro economic maneuver eliminates 90% of total payout exposures for the Reserve Bank of Zimbabwe (RBZ), which was guaranteeing their own bonds with their own national mineral reserves on the new eastern financial system.

4. That leaves as much as 10% (or 10 Trillion USD) left to hydrate regular folk like us on a perpetual basis. That exposure still required sextillions of digital credits to satisfy (21 zeros). That’s where China comes in, the Asian Infrastructure Investment Bank (AIIB), Yuan currency (CNY) and People’s Bank of China (PBOC).

5. Once the RBZ harvests the old Zim bond notes they immediately convert it to digital CNY with the People’s Bank of China (PBOC), which then resells the assets to AIIB at a 25% premium.

6. Another way to look at this was that the RBZ sells all new Zim currency at a 25% discount back to China. So the RBZ already has a buyer before they ever reconcile one ZIM bond note for every Zim bond note redeemed.

7. This guarantees that the RBZ and PBOC each make say a 12.5% profit from the arbitrage—less 2.5 % back to redeeming retail banks (JPMC, BofA, Citi, WF, TD, Santander, HSBC)—while still being able to service the 10% USD yield exposure (10 Trillion). That’s 100% of all initial redemption exposure covered or 100 Trillion USD.

8. The AIIB then takes their new discounted Yuan, and resells it at a 5% premium to Central Banks all over the world for decades to come, thus eliminating their own bank’s exposure as well as profiting 5%.

9. All because decades earlier the African Elders (Great Zimbabwe) agreed to this secrete long term financial partnership with the Asian Elders (AIIB), who are now monetizing the massive in-ground mineral reserves of Africa.

10. This relationship was the same for all 55 nations of the African Union and Russia, India and Brazil (BRICS).

11. Thus, the government of Zimbabwe intentionally issued outrageously high sovereign bond notes back in 2008 knowing full well they would one day reconcile all of it in 2018—at a profit—by utilizing the future eastern economic system (with Russia’s military support).

12. That’s why Zim bond notes continued to be sold on the Internet. Everyone involved in this Eastern partnership was profiting, while all western governments were being overtaken financially with every redemption transaction.

13. The AIIB, PBOC to the RBZ were guaranteeing themselves and entire alliance positive cash flows—perpetually—and why the West was desperate to stop the RV from ever rolling out.

14. The Elder’s would now permanently reduce the necessity for USD until it fell to appropriate levels, thus ever so slowly terminating the old western world’s financial system and reversing global governance power (west to east) in the process.

15. A simple but irreversible private placement platform (PPP) was how and why there’s enough “money” to pay out all Zim redeemers, plus allowed all their partners to profit in the long-term.

16. The world was now becoming gold backed Yuan dependent as to replace fiat USD within their own central bank reserves.

17. By forcing major investment institutions and traditional markets to buy in CNY instead of USD via mechanisms like oil futures, crypto currencies, commodity sales, currency auctions, manufacturing, etc.. it cemented this reversal of fortunes.

"5 GCR/RV Intel Updates from Yosef?" by TJ

On the surface these look like an answer to our prayers. However, these describe a plan based on continuing with a debt based economy where governments, businesses and people must continue to borrow money and pay interest, so that interest may be paid to the new rich at 8-10% pa on their new huge bank deposits and bonds.

The end result would still cause all who borrow, including nations, to eventually become bankrupt and have to give up all they own and become slaves again, just like the current situation.

The new economy is supposed to be beyond this, with no need or way to get into debt again. Abundance forever, even to the point of not even needing any money in the future.

The best way forward is for each nation to print it's own money backed up by its own assets, and not borrow. People shouldn't need to borrow either, and in fact it should not be possible to borrow and then be required to pay interest on the debt.

Debt is slavery. The new masters would be those who plan to own the proposed new one-world currency. As pointed out by several people before, same players behind this, just relocated from Wall Street to Shanghai. Africans will not gain freedom by this plan.

TJ

TNT CC NOTES, 31 MARCH



TNT Call notes 30-March-2018

Replay: 641.715.0623, PIN CODE 409029#


AUDIO REPLAY LINK

RayRen: Good afternoon, TNT super-fantastic family! This is Fantabulous Friday, March 30, 2018, with yours truly RayRat98 here.

Tony: Gooood morning, TNT! What’s going on? I have known Ray for a long time. When he was in high school and college, he never wanted to get a job where he would get dirty. He became a DJ, and I think he is still a DJ, so anything might happen here!

RayRen: Here are the updates from yesterday:

6:15 AM PDT

Iraq having press conference saying that the president has decided for the good of the citizens to send the 2018 budget to the gazette for official publication.

Iraq’s Rashid Bank is on Iraqi TV broadcasting the new MasterCards that citizens have can be used “worldwide” while indicating how the features of the new cards enable them to pay bills and use it for other electronic applications and processes.

Iraqi TV showing officials from Iraq and Saudi Arabia cutting the ribbon to a new exchange bank located in Baghdad and open for trade.

1:18 PM PDT – TNT LATEST BLAST AND TWEETS

Iraqi newspaper issues a special issue of the Law of the General Budget. The President of the Republic sent the budget law to the Ministry of Justice for publication in the Official Gazette. Once the budget is published, it has become valid and ratified.

The draft Public Budget Law for 2018 will be published in the Iraqi official newspaper on Sunday and will be in force.

Scrolling on Iraqi TV screens at the bottom: Special Edition of the Budget Law is being processed for Gazette publication.

Let’s see where we are today.

Tony: That is all information we wanted to hear. The President agreed to sign this yesterday, and to take up his complaints with the courts afterwards. This was a special edition that they were publishing on Sunday. So the Budget should be published with a new rate on Sunday. A friend in England said that the rate changed on his card yesterday morning. WE know they don’t hit every card at the same time or even on the same day. It can take 3-4 days for this rate to get to the street level. But we’re looking good, with all these announcements coming out one after the other. Today, no one is talking about the Budget, the cards, or the lower denominations – because they have come to agreement and a date/time.

In the US, the banks have had several meeting, and we haven’t heard anything out of those meetings last Wednesday. We hear after every meeting usually! I don’t know how they are keeping the lid on this, but no one is saying anything about those meetings. I like that! Our guy in Iraq knows the new rate but is not telling me. Even the protestors are not talking about monetary reform – they are all quiet. The banks are quiet here, and we are ready to go. The call and exchange centers all know what they’re doing – we don’t know. The last people we got information from lately is a teller and a personal banker, who told us about the blind rate, which is a code telling us when this will happen.

They are doing a special edition to the Gazette on Sunday – don’t know why they didn’t do it on Saturday, in the regular Gazette – unless they didn’t want people to see the rate on Saturday. They are excited about what they’re doing, saying this is their time to shine.

We haven’t heard anything more about the Zim, we don’t have the 800 numbers, and we haven’t seen the NDA yet, but everyone is ready to go. Our contact in the committees is now working on something else – trade deals with China.

BE ready so you don’t have to GET ready. I had meetings myself, and people kept asking “What are you going to do?” I laid out exactly what I would be doing, day by day. I’ve been planning this for ten years, and it is ready to go! Judge's email/phone:  ksd_murguia_chambers@ksd.uscourts.gov  913-735-2340  DA's email/phone:  Scott.Rask@usdoj.gov   913-551-6730  When I get that call to go to the bank, I won’t be jumping up and down because I know what I’m going to do. I have a plan, the questions are written down; you do that when you are calm and collected. Do you know what you are going to do? The window is closing right now.

Questions from the TNT forum

Q: We have heard that Warka bank is selling their bank stock for 1 dinar per share. How do we over here go about buying Warka bank stock?
A: Get yourself an agent and ask how that is done.

Q: The amount of walkaway cash was $7,500….and for a while someone said it was per currency. Is that still valid?
A: Normally the maximum you can take out in cash is 10,000, but because more people are asking, it was reduced to $7,000 at your exchange appointment only.
RR: You have to understand that we can’t tell you every single thing we’ve heard or know. Instead of telling you some things, I decided to prepare you for it, so that you can respond accordingly. So I will stand behind the advice I gave you all: exchange, go home with the same amount you walked in with. Rest, relax, release. Anything needed to be done on exchange day could as easily be done the next day or the day afternoon. You need to adjust to the change. That’s my intention, anyway: I am exchanging and going home. I know many think they will handle this without issues, but this is about a much larger amount. You will leap from nothing much to hundreds of thousands, or millions, all in one day, and that will be shock if it’s never happened to you before. Tony: It’s the truth, a hundred thousand is not really much money. Some people can spend that in two hours. Then what will you take to the casino??

Q: Once the Budget is published and ratified in the Gazette, is that the Go for us to start exchanging? If so, is it Tuesday, or before?
A: That’s what we are looking for – that to be the go, with a live rate, and for us to exchange. I don’t know if they will keep it in the house for a few days, but I don’t think so. As soon as they change the rates, it should be automatic for us. What they are saying to us is that it’s a go on Sunday.

Q: I am on a POD for my boys, I receive a copy of their monthly bank statement. When we do our exchange and add our PODs to the account, with this being at a higher level, will the ones we list as PODs receive a copy of these account statements? I do not want my children to know what I have at this time.
A: I don’t see why you get copies just for being a POD (payable on death beneficiary). Call your bank and ask about that. I don’t understand how that would happen – I’ve never heard of that.

Q: I have a business, I want to put my business in a trust. What kind of trust would you suggest. since it will be separate from myself personal trust? If I have more then one business, do I need several trusts or just one under one umbrella?
A: you have to look at the whole purpose of trusts. It’s to separate liability. If the one trust own both businesses, liability could leak from one to the other. Separate trusts might be better. I like a complex trust, myself, but you should look over the options and choose the best for your circumstances.

Q: With the Dong coming out at .47, what in your opinion would be a fair spread for exchange? A nickel? .03?
Tony: Walking up to the teller, it is what it is. If you are talking to a private banker or wealth manager, everything you try to negotiate is based on how much you have. So that could change for every person. I am not arguing over pennies; I know the bank guy will get paid no matter what. The spread should be the same as for the person at the teller. Go look at the spread now, and if they try to increase it, you will know. If the spread is the same, that’s fair. If you have enough to negotiate, make that about the rate, not the spread. You won’t have time to negotiate all the piddling details. I have a plan for my money to make money, so that instead of spending y money in 2-3 days, I will have money forever.

Q: I have heard Tony say that if we have 1 million or less we go to the teller. A: Is that 1 million dinar or is that 1 million in US dollars after the exchange?
A: That is one million US DOLLARS, not one million in currencies.
Q2: Can we still take just one note into exchange at the teller so we can wait and see if the rates go? Tony: You always have that option.
RR: Why would you do that? Yes, you can, but does it make sense to do that? Why would I take a note in when I know the rate is going to increase? Some will have a real-life situation that really needs money right now. Instead of taking a note in and killing your purchasing power, use someone else’s money, or use your currency as collateral to get a small loan. We need to be thinking smart, and that is smarter than taking in a note just because you have one available.

Q: Have prices changed in Iraq?
A: Haven’t talked to anyone about that, no updates.

Q: Fils?
A: The Budget will become effective on 1. April, retroactive to 1. January. Sure, they could issue the lower denominations and fils before then because it is already law, it just hasn’t been published. So they might bring them out for people to use on Sunday morning; we’ll see.

Q: Would you review how we will be asked to calculate our currency? Count straight Dinars, Dong, etc., or do we have to wait to get the rates for each currency and calculate the totals?
Tony: We’ll have to have some kind of rate to do those calculations. On the 800 numbers, they will ask what you have in currencies. When you go up to the teller, they may tell you that they can exchange up to one million dollars. We will post the rates on the site, and may well have a call with rates.

Live questions

909 caller: Any word on the dong?

Tony: The only word I’ve heard is still 47 cents.

240 caller: Your Las Vegas junket – is that just for members of TNT? Or newbies?

Tony: When I posted it before, something like 8,000 people signed up. I will redo the registrations, and it will be open to anyone who listens to the call.

RayRen: The banking seminars are also open to everyone who listens.

972 caller: What type of trust would be good for a business?

RayRen: It depends on the type of trust that you like and that works with your plan. The complex trust gives the trustees complete control; some trusts do not. Any business can be a trust; you need to compare trusts with an LLC and see which you prefer.

Caller: Also, if you need money and you know the dinar is going to go up, how about exchanging one of the other currencies?

RayRen: We were not taught about how to handle money in schools, although we were taught arithmetic. Some learned later, through experience or family teaching. Two people might think completely differently about money: that haves think one way and the have-nots thinking differently. We are taught differently by our families and cultures. We will be have-nots until we change over and bring up our children to be have thinkers. Some have-nots will go for instant gratification, and that works against us in the long run.

Tony: Read the ‘Rich Dad, Poor Dad’ books for more on changing your mindset.

281 caller: In case we get the green light between now and Sunday, I assume you will post that list of banks that are already handling dinar?

RayRen: Yes, the minute we have a green light, you will get that banking information, whether we have the 800 numbers or not. Those 800 numbers are a convenience, nothing more. You might get a better deal with one of the smaller banks. We will post all that in the public section of the forum, so non-members can also read them.

Tony: Back in the old administration I was told I would have to sign a 44-page NDA blocking me from going on television or radio shows, writing books or films, or even doing the four events. They don’t want me to have that connection with you all, because it would be too much influence on this group. For example, if I had a call with you all saying X company is about to go public, and then thousands of people buy the stock and the price shoots up. That’s the kind of influence they don’t want anyone to have. Also, they don’t want me to tell all the secrets behind this, and there are plenty of those. So they wanted to shut down the site as well, but that doesn’t mean I couldn’t go to someone else’s event. However, I don’t have the NDA, so who knows?!

702 caller: If this is published on Sunday, when do you expect to go to the bank?

Tony: I think we could go to the bank on Sunday! If it happens tonight, to surprise everyone, then they will want everyone to go to the bank as quickly as possible. I know it’s Easter, but they were prepared to stay open every other holiday from 7am and 11pm.

Caller: Who will give us the rates for all the currencies?

Tony: All seven currencies will go at the same time. As for dong, we have been told 47 cents for years now. We are told there is no longer a contract rate for the dong. If they delay any of those other currencies, those who would be millionaires will become billionaires instead. I know they know that, so it makes sense for them to let them all go at the same time; otherwise we will all be ridiculously rich.

818 caller: Will the rupiah go up in value as well?

RayRen: Yes, possibly on Forex. All of them could go up. After you do this, rates on Forex can change by pennies and you can make millions of dollars, if you know what you’re doing. So watch Forex…

281 caller: Are there still three levels of exchange? [my computer crashed, may not have got the question right]

Tony: Yes, you go to the teller if you have less than one million in US dollars after exchange. From one to ten million, you go to the teller to get a wealth manager; over ten million, you have to get an appointment with a wealth manager. Those amounts apply to all the currencies added together. If you take the contract rate on the dinar, and sign the NDA, that NDA then applies to all the currencies.

Caller: What’s different now than previously? How is it Maliki is still there??

Tony: Iraq is in agreement with the IMF and World Bank. They have published their Budget in the first quarter, as they said they would. Kurdistan and Baghdad are now together, and being transparent. Yes, there are political differences, including Maliki, but every country has those. I think they will make Maliki powerless, but that won’t happen before the elections because that would cause unrest in Iraq. Is this guaranteed to happen on Sunday? I can’t guarantee that, but it looks more positive than it has ever looked in the last ten years. So yes, I think this is a different situation. All the leaders of Iraq have been put in place by the US, so I think Abadi will win the election and he will do what we need them to do. If Maliki were to get in, he’d go running to Iran, so we don’t want Maliki. I do think Abadi is going to be re-elected, and he has to run against someone. Maliki’s old party has broken up, and says it won’t support him. Hopefully by that time, we won’t care!

725 caller: I’m in Nevada. My sister lives with someone, in a legal partnership; will the partner need to sign the NDA?

Tony: Tell them to ask the bank.

702 caller: Is there any way to access the training calls? I’m not a TNT member.

RayRen: No, but we’ll post something afterwards.

OH caller: Can you talk about any limits on the dong?

RayRen: I haven’t heard any limits on the dong per se; at one point, banks said there might be a limit on how much they can exchange per day, but those have been raised.

Closing Statement

Tony: Thanks to everyone who sent me birthday greetings. I hope on Monday morning to have my birthday present from Iraq. There are no negatives in Iraq today –it’s quiet, no one is fighting, nothing but good news in the articles. I’m looking forward to it. If for some reason it doesn’t come out, it will do soon. Happy Easter to all of you!

RayRen: Hope this pops over the weekend. You don’t have to rush unless you are going for contract rates. You have the power; you can decide when to exchange, and at what institution. You don’t have to worry about losing or missing something here. When the value changes, that’s it.

RayRen played I Believe: https://www.youtube.com/watch?v=9DYrqOUKLtA